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Jan 14, 2013
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. >> the debt ceiling is still around. >> easily, though. >> the debt ceiling is still around. you are still dealing with that and, of course, the sequester issue. there are a lot of questions about what happens. we're speccing to run into that debt ceiling sometime between february 15th and march 1st. in the meantime, let's talk about corporate news. aig is suiciding maiden lane over lawsuit rights. it's the federal vehicle created during aig's bailout. at issue is whether the insurer transferred its rights to sue for losses that it incurred on its troubled bonds when it sold $2 billion in securities to the fed in 20308. aig is preserving its right to sue the federal government and other debts. >> fed chairman ben bernanke is going to speak and answer questions at the university of michigan. in d.c., president obama is said to be forging ahead on a wide ranging plan to overhaul the immigration plan this year. this includes a path to citizenship for illegal immigrants already in the country. immigrants would have to pay fines and back taxes. it would require businesses to veri
. >> the debt ceiling is still around. >> easily, though. >> the debt ceiling is still around. you are still dealing with that and, of course, the sequester issue. there are a lot of questions about what happens. we're speccing to run into that debt ceiling sometime between february 15th and march 1st. in the meantime, let's talk about corporate news. aig is suiciding maiden lane over lawsuit rights. it's the federal vehicle created during aig's bailout. at issue is whether...
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Jan 19, 2013
01/13
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. >>> house republicans are offering a debt ceiling deal rather than risk a new financial crisis. they will allow new government borrowing for three months, but they insist the senate must pass a budget within those three months. and to add more pressure to get a deal, they promise to withhold paychecks for whichever chamber, house or senate, doesn't pass a budget. >>> officials have issued a high surf advisory for the northern california coast this weekend. the good news -- that's just about perfect for 24 of the world's top surfers who are waxing down their boards for a big wave competition in half moon bay that starts on sunday. the bad news -- the other seven billion people in the world can't swim there. >>> that is the news. guys? back to you guys. >> thank you. >> you're from that area, aren't you -- >> yeah, yeah, no. i wouldn't ever surf. >> you're in the seven billion part. >> we'll be on the beach. >> yeah. >> i used to sit on half moon bay and watch it. exactly. >>> dylan dreyer has another check of the forecast. >> good morning, guys. a couple of birthdays from texas.
. >>> house republicans are offering a debt ceiling deal rather than risk a new financial crisis. they will allow new government borrowing for three months, but they insist the senate must pass a budget within those three months. and to add more pressure to get a deal, they promise to withhold paychecks for whichever chamber, house or senate, doesn't pass a budget. >>> officials have issued a high surf advisory for the northern california coast this weekend. the good news --...
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Jan 21, 2013
01/13
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. >> as he battled republicans over the debt ceiling. >> dealing with the white house is like dealing with a bowl of jell-o. >> can they say yes to anything? >> historic night in may brought the news that americans had been waiting nearly a decade to hear. >> tonight i can report to the american people and to the world that the united states has conducted an operation that killed osama bin laden. >> within a year he was back on the campaign trail. but on the anniversary of 9/11, a deadly terror attack in benghazi. >> make no mistake, justice will be done. >> after a long, tough campaign, americans died to give the president four more years. >> thank you, america! >> the thrill of victory cut short by searing tragedy, the day obama called the worst of his presidency. >> our hearts are broken today. these tragedies must end. >> now at the dawn of his second term, president obama has vowed to tackle the tough issues. >> there are no easy outs. >> despite the challenges that lie ahead. >> we know in our hearts that for the united states of america, the best is yet to com come. >> a long f
. >> as he battled republicans over the debt ceiling. >> dealing with the white house is like dealing with a bowl of jell-o. >> can they say yes to anything? >> historic night in may brought the news that americans had been waiting nearly a decade to hear. >> tonight i can report to the american people and to the world that the united states has conducted an operation that killed osama bin laden. >> within a year he was back on the campaign trail. but on the...
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Jan 15, 2013
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authorize an increase in the debt ceiling so we can pay our bills. that is the right way to do it. i think that is what will eventually happen. i do not think that going off in the other direction would really be helpful. >> hello chairman bernanke. i am a second year mpp. second question from the audience, does the debt ceiling still have a practical are busy and could it be in limited without much consequence? >> no, it does not really have -- it has symbolic value, i guess area. no other country, i believe, have this particular institution. just so everybody understands what it is, the congress appropriate $100, tells the government to spend $100 on whatever. then it raises $80 in revenue through its tax code. the arithmetic care -- you have got to borrow $20. no, the congress has to give a third rule which says that 100 - 80 equals 20. if the congress is approving spending and taxing, and they are not equal, then logically, there has to be something to make up the difference. that is borrowing. i am not saying that visits and deaths are a good thing thing. not at all. the way t
authorize an increase in the debt ceiling so we can pay our bills. that is the right way to do it. i think that is what will eventually happen. i do not think that going off in the other direction would really be helpful. >> hello chairman bernanke. i am a second year mpp. second question from the audience, does the debt ceiling still have a practical are busy and could it be in limited without much consequence? >> no, it does not really have -- it has symbolic value, i guess area....
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to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like he's still trying hard to take back the right wing media's biggest nut jobs that a smell is jones and a very very ugly and coulter conservative pundit was on fox so-called news last night in an interview with sean hannity coulter talked about her theory behind all the gun violence and i think it was. as you know i just got back from from england which to me they have not bought into this whole diversity enthusiasm on which raises the important point that on the gun crimes we keep hearing how do they are in europe and know they'
to deal with the debt ceiling. the bad the rush limbaugh's show yesterday all rush but was in the middle of a tirade on gun control when he decided to attack look. and others who support responsible gun safety laws speaking about proponents of gun safety laws she believes are only would rules rush said quote. good people they never use a gun to kill kids they use abortion for the. good ole rush making light of gun violence and fueling the war on women's rights in the same sentence looks like...
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Jan 20, 2013
01/13
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he still faces an unresolved fiscal situation and looks like republicans may be extending the debt ceiling by a few months but still has major budget cuts to deal with this spring. do you see his relationship with republicans improving at all as they try to fix this crisis? >> it is going to be a real confrontation. the republicans did blink. that's exactly right, bianna, and said they don't want this over the debt limit that was supposed to hit in february and extend it, as he said, probably until april. the president will sign that which gives them a space to try to come up again with some kind of big budget deal before those across-the-board budget cuts hit in march, and the government is set to shut down at the end of march. there is no question that these big fiscal issues, taxes and spending are going to define the first quarter of the president's second term. >> george, talk about this term, the second term curse. we -- reagan had iran-contra. nixon, of course, had watergate. clinton had monica lewinsky. but why is it that they tend to go sour. >> lyndon johnson didn't even make it
he still faces an unresolved fiscal situation and looks like republicans may be extending the debt ceiling by a few months but still has major budget cuts to deal with this spring. do you see his relationship with republicans improving at all as they try to fix this crisis? >> it is going to be a real confrontation. the republicans did blink. that's exactly right, bianna, and said they don't want this over the debt limit that was supposed to hit in february and extend it, as he said,...
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Jan 15, 2013
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what we deal with is -- technically, we should have passed the debt ceiling at the beginning of the year but we were able to extend the period and the treasury says -- at least by march, sometime in march, they will need authority from congress to borrow more money. >> how are republicans in congress reacting to the comments? >> republicans in the house side are just getting into town and they will disappear for their political retreat. senate republicans are not scheduled to be in this week. i know from following twitter and following the reaction from speaker boehner and mitch mcconnell they didn't agree with his comments and expect to pass legislation on the house side and passing legislation for the debt ceiling and the spending issue, as they see it. >> is any of this complimented by tim geithner being eager to exit his post. >> this is about the president and what he wants. jack lewis is a former office of managment and budget director and he knows these issues. and they've been through this before in summer 2011. i don't think geithner's exit effects it either way. >> david drucke
what we deal with is -- technically, we should have passed the debt ceiling at the beginning of the year but we were able to extend the period and the treasury says -- at least by march, sometime in march, they will need authority from congress to borrow more money. >> how are republicans in congress reacting to the comments? >> republicans in the house side are just getting into town and they will disappear for their political retreat. senate republicans are not scheduled to be in...
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Jan 16, 2013
01/13
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with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot basically be moved for what we need to do. and so that will leave us adequate time to tackle the longerrer-range problems -- the longer-range problems. we're not going to accomplish tax reform in the next six weeks. but we need to, essentially, deal with the sequester, essentially find a balanced approach that's going to raise a trillion dollars or close to it. and so that's why i have some optimism, because we need to face up to the next six weeks, resolve it and then move on. >> rick?
with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next...
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Jan 19, 2013
01/13
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expressed concern about how much of the chill news were addressed in the deal. it went part way, but it leaves a number of issues still on the table and negotiations are looming. would you characterize that as an additional cliff that is facing us? or is it not as concerned as it was when you raised that term initially? >> as i said, the fiscal kloof, if allowed -- the fiscal clef, if allowed to take place, would probably create a recession this year. a good part of that has been addressed. but nevertheless, we have a set of a restrictive fiscal policies now. federal fiscal policy will subtract from real gdp growth something on the order of one% to 1.5% this year. it is quite a drag on the economy. there is more work to do. let me be clear about that. it will be a long haul. it will not happen overnight. basically because the government budget represents the values and priorities of the public and decisions being made about what to spend on, what to tax and so on are difficult and contentious decisions and will take some time to address. >> those issues, of cour
expressed concern about how much of the chill news were addressed in the deal. it went part way, but it leaves a number of issues still on the table and negotiations are looming. would you characterize that as an additional cliff that is facing us? or is it not as concerned as it was when you raised that term initially? >> as i said, the fiscal kloof, if allowed -- the fiscal clef, if allowed to take place, would probably create a recession this year. a good part of that has been...
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Jan 15, 2013
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should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host: jason is a democratic caller in brooklyn, new york. caller: i think the debt is negotiable. it has been high before. host: what did you say? caller: it ought to be negotiable. i think obama needs to the finish his job. spending programs for poor neighborhoods and give other people a chance in this country. the tea party and right-wing republicans, it is obvious they are racist and nobody wants to work with them. in the next four years they have to get it right, because asians, hispanics, and african-americans make up the majority of this country now. so they had better get it right. host: the new york times
should be the debt ceiling or the continuing resolution to fund the government or sequestration? caller: the continuing revolution to keep the government going -- resolution. there are many departments we don't need. i was showing my grandchildr the debt clock, telling him how much money he would know when he becomes a taxpayer. he said he does not want to become a taxpayer. this is taxation without representation. they have to get this under control. they need a dyiet. host: jason is a...
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Jan 18, 2013
01/13
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with the debt ceiling, we may very well be able to meet the goal we set out to do, which is to have roughly $4 trillion cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statistics better than anyone, so i'm not going to repeat it. on that score i might add ale in a credible threat of gratitude to many of you at the table as well as those of you in the room. i know we don't have unanimity and this ballroom, nor do we have any ballroom, but we all know, it wanted knowledges we have to do some gain. we have to act and i hope we all agree there's a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in your newton cannot be tolerated. that tragedy in public life has affected the public safety in a way that i've never seen before. the image of first graders,
with the debt ceiling, we may very well be able to meet the goal we set out to do, which is to have roughly $4 trillion cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statistics better than anyone, so i'm not going to repeat it. on that score...
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Jan 16, 2013
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with the debt ceiling and the looming sequester and house republicans concerned that if they do anything on tax reform, that they may leave themselves open to the senate not taking action. therefore, they have taken in on popular vote for no reason. >> first of all we have to solve this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. and. we are not going to accomplish tax reform in the next six weeks. so we have a deadline that cannot basically be moved for what we need to do in the next six weeks. so that would leave adequate time to tackle the longer-range problems. we will not publish tax reform in the next six weeks, but we need to essentially deal with the sequester. since we find a balanced approach that is going to raise the trillion dollar surplus to it. that is why i have some optimism. because we need to face up to the next six weeks and solve it and then move on. >> [inaudible question] i'd like to ask you about one of the big things involving entitlement reform. how big of a package would you need to see in terms of republicans for
with the debt ceiling and the looming sequester and house republicans concerned that if they do anything on tax reform, that they may leave themselves open to the senate not taking action. therefore, they have taken in on popular vote for no reason. >> first of all we have to solve this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. and. we are not going to accomplish tax reform in the next six weeks. so we have a deadline that cannot basically...
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Jan 15, 2013
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later, the bipartisan policy center on a talk to talk about options of dealing with the debt ceiling check out c-span studentcam 2013 video documentary competition. the deadline is friday january 28. the grand prize is $5000. >> i welcome all of you here today. on behalf of the gerald ford school of public policy, university of michigan is honored to welcome the honorable ben bernanke, chairman of the board of governors. today's conversation is in a series of distinguished lectures at the school. we are pleased to produce today's events and to have have president mary sue coleman with us. i would like to welcome all of them and thank them for joining us today. it is an honor and truly a personal pleasure for me to introduce our special guest. the charge is to promote a healthy economy and a complex and critically important mission. german ben bernanke was first appointed as the chair in 2006 and he has served in that role during the most challenging time for monetary and financial policy since the great depression. the financial crisis, the great recession, slow recovery with the evo
later, the bipartisan policy center on a talk to talk about options of dealing with the debt ceiling check out c-span studentcam 2013 video documentary competition. the deadline is friday january 28. the grand prize is $5000. >> i welcome all of you here today. on behalf of the gerald ford school of public policy, university of michigan is honored to welcome the honorable ben bernanke, chairman of the board of governors. today's conversation is in a series of distinguished lectures at the...
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Jan 18, 2013
01/13
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with the debt screaming and the -- ceiling and the sequesters. house republicans concerned if they do anything about tax reform. they may leave it open to the senate and not taking action and taken the vote for no reason. are you optimistic? >> first of all, i have -- we have to reself the debt crisis in terms of sequestration. and in term of the full, faith, and credit in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot be basically moved for what we need to do in the next six weeks. that will leave us adequate time to tackling the longer range problems. we're not going tackle tax reform in the next six weeks. we need to essentially deal with the sequestration, specially find a balanced approach that is going to raise a trillion dollars or close to. so that's why i have some optimism because we need to face up to the next six weeks, resolve it, and -- [inaudible] >> rick. [inaudible] by conflict -- i want to ask you about one of the big things the intiement element refo
with the debt screaming and the -- ceiling and the sequesters. house republicans concerned if they do anything about tax reform. they may leave it open to the senate and not taking action and taken the vote for no reason. are you optimistic? >> first of all, i have -- we have to reself the debt crisis in terms of sequestration. and in term of the full, faith, and credit in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i...
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Jan 15, 2013
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supposed to do and needs to do and authorize an increase in the debt ceiling soon compare our debts and bills . that is the right way to do it. and the i think that is what will eventually happen, but i don't think that going off in another direction would really be all that talk -- all that helpful. >> hello, chairman bernanke. i am a second year in pp at the force cool and studying for a graduate certificate in science and technology. second question from the audience, does the debt ceiling of a practical purpose? could it be eliminated without much consequence? >> does what have? >> the debt ceiling. >> it does not really have. it has symbolic value i guess, but no other country, i believe, maybe one or two other, but no other countries in the world have this particular institution . to so everyone understands what is, the congress appropriates $100, tells the government to spend $100 on whenever and then it raises $80 in revenue through its tax code. now, the arithmetic here sort of says, you have to borrow $20. shephard -- the congress has to give a third rule. if the congress is a
supposed to do and needs to do and authorize an increase in the debt ceiling soon compare our debts and bills . that is the right way to do it. and the i think that is what will eventually happen, but i don't think that going off in another direction would really be all that talk -- all that helpful. >> hello, chairman bernanke. i am a second year in pp at the force cool and studying for a graduate certificate in science and technology. second question from the audience, does the debt...
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Jan 17, 2013
01/13
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to do and needs to do and authorize an increase in the debt ceiling to pay our debts, pay our bills and that's the right way to do it, and, you know, i think that's what will eventually happen, but i don't think that going off in the other direction would be all that helpful. >> hello, chairman, i'm a second year -- [inaudible] >> second question, does the debt ceiling have a practical purpose and could it be eliminated without much consequence. >> does what have? >> the debt ceiling. >> oh, no, it doesn't really have -- symbolic value, i guess, but what -- no other country, i believe, maybe one or two other countries, but i think essentially no other countries in the world have this particular institution, just so everybody understands what it is. the congress appropriates a hundred dollars, tells the government to spend a hundred dollars on whatever, and then it raises $80 in revenue through its tax code. now the math here says, you know, go to the go borrow $20; right? no, congress has a third rule saying 100 minus 80 equals 20. if the congress is approving spending and approving
to do and needs to do and authorize an increase in the debt ceiling to pay our debts, pay our bills and that's the right way to do it, and, you know, i think that's what will eventually happen, but i don't think that going off in the other direction would be all that helpful. >> hello, chairman, i'm a second year -- [inaudible] >> second question, does the debt ceiling have a practical purpose and could it be eliminated without much consequence. >> does what have? >> the...
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Jan 19, 2013
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with regard to the debt ceiling, here we go again. the republican party, if it goes along with this deal in my opinion ought to change its name to the caveman party and boehner and mcconnell would be the cavemen in chief, because every time we come to this debt ceiling what do the republicans do? they give in. and every amount of money that this country spends is showing it's unsustainable. we've got to reform them and get our budget in order and we've got to get our spending under control. host: lori who is one of the 65 people on facebook who has commented on this this morning says that this makes the seventh debt ceiling plays the obama's term while the democratically-controlled senate hasn't passed a budget. it seems silly -- logical to me at but he'll -- by the way, it gives an advertisement to our plans for inauguration weekend. all-day coverage. you can tune in on sunday and monday for activities monday all day starting at 7:00 a.m. and sunday for the official swearing in at the white house. again, if you want more information
with regard to the debt ceiling, here we go again. the republican party, if it goes along with this deal in my opinion ought to change its name to the caveman party and boehner and mcconnell would be the cavemen in chief, because every time we come to this debt ceiling what do the republicans do? they give in. and every amount of money that this country spends is showing it's unsustainable. we've got to reform them and get our budget in order and we've got to get our spending under control....
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Jan 16, 2013
01/13
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so why strike a deal on the debt ceiling when you can just eliminate it? they push from democrats in washington. dennis: a man charged with stealing $400,000 in copy toner. lori and tracy are up next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems
so why strike a deal on the debt ceiling when you can just eliminate it? they push from democrats in washington. dennis: a man charged with stealing $400,000 in copy toner. lori and tracy are up next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,...
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Jan 15, 2013
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ceiling which tends to be popular. people -- you know, the american public, they hear debt ceiling and they think no, let's not do that. that sounds awful to give government more money to spend. he's trying to turn it around. but it absolutely is a dynamic that he exemplploited when he w senator. >> robert costa, let's look at this for a minute. republicans have a tricky situation. because the country does not want us to default. and this whole business of managing accounts and prioritizing, there's 80 million payment accounts. i know the interest on the debt will be paid, but to some extent the gop has got to watch itself, robert. they could come really at the wrong end of a massive public relations blunder. >> that's exactly right, larry. the president's press conference today really was first battle in this public relations war. what matters is that the president is out there for an hour, making his case to the american people. what the republicans need to do a better job is making their case. now, it's easy to poin
ceiling which tends to be popular. people -- you know, the american public, they hear debt ceiling and they think no, let's not do that. that sounds awful to give government more money to spend. he's trying to turn it around. but it absolutely is a dynamic that he exemplploited when he w senator. >> robert costa, let's look at this for a minute. republicans have a tricky situation. because the country does not want us to default. and this whole business of managing accounts and...
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Jan 21, 2013
01/13
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trying to get the debt ceiling increase which seems like a ritual now where we go up to the edge of that cliff and then at the last-minute we deal with that. there still is continuing problems. i think part of the theme is continuity trying to address the problems that have persisted over the last four years. >> thank you so much. we'll talk to you one more time. thank you so much. >>> the time now is 6:16. right now we want to give you a check of the day's top stories. the san francisco 49ers on top of the world heading to the super bowl. the team arriving at san jose international airport last night after beating the falcons 28-24. it was a spectacular victory. they'll face the baltimore ravens in super bowl xlvii in two weeks. >>> 100 people are allowed to return to their homes near sacramento after a freight train derailed sunday morning. hazmat crews had to evacuate the entire neighborhood when a clear substance started leaking from one of the cars. that liquid was not dangerous. >>> five of the six suspects accused in the rape and death of a medical student in india will be in an i
trying to get the debt ceiling increase which seems like a ritual now where we go up to the edge of that cliff and then at the last-minute we deal with that. there still is continuing problems. i think part of the theme is continuity trying to address the problems that have persisted over the last four years. >> thank you so much. we'll talk to you one more time. thank you so much. >>> the time now is 6:16. right now we want to give you a check of the day's top stories. the san...
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Jan 14, 2013
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binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton all signed debt reduction deals. you have done this three times. four times was related to budget maneuvers. what many people are curious about is this new madam a desire on your part not to negotiate but that seems to conflict with the modern era of presidents with the debt ceiling and your own history. does that suggest we will go into a default situation because no one is talking about how to resolve this? >> no, major. getting votes for this is always difficult. i went through this and just last year. what is different as we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we begin within a few days of defaulting. the fact of the matter is that we have never seen the debt ceiling used in this fashion with the notion is that we might default unless we get 100% of what we want. that has not happened. as i indicated befo
binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton all signed debt reduction deals. you have done this three times. four times was related to budget maneuvers. what many people are curious about is this new madam a desire on your part not to negotiate but that seems to conflict with the modern era of presidents with the debt ceiling and your own history. does that suggest we will go...
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Jan 15, 2013
01/13
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KRON
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." >> catherine: another battle the president is facing -- the debt ceiling. he called on congress today to act quickly to raise it.saying america is not a 'dead-beat nation' that doesn't pay its bills. he says the mere threat of defaulting on government obligations is hurting the economy. the government has hit its borrowing limit and is expected to run out of ways to pay bills by early march. most people have never heard launchers and other weapons. former president bush is finally released from a hospital. right now, 40's through daly city. as for the current temperatures? quickly dropping into the 40's. 44 in daly city. a 49 in fremont. but we are in for a nother round of the 30's and '40's again tonight. from the san mateo bridge we are seeing clear skies. the cold air mass with the combination of these things and a light went with cold temperatures and yet again the. taking a look at futurecast. widespread 30's. take a look a your screen. already 20's and 30's for the north bay. temperatures will start to warm up of but very slowly. still dealing with a
." >> catherine: another battle the president is facing -- the debt ceiling. he called on congress today to act quickly to raise it.saying america is not a 'dead-beat nation' that doesn't pay its bills. he says the mere threat of defaulting on government obligations is hurting the economy. the government has hit its borrowing limit and is expected to run out of ways to pay bills by early march. most people have never heard launchers and other weapons. former president bush is finally...
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Jan 18, 2013
01/13
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FBC
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they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans are making it an "economic weapon of mass distraction." do they get is a continuation of that? >> it is actually progress for the republican confidence, but it is not progress for the country. that tack tick is not one that they can hold onto because they know it will plunge this country into a deeper recession. they have been -- it is a way to say they are avoiding. ashley: it really is not addressing the issue, though, what will it take to get that in place. i know that you, of course, have been leading the charge to have the president to prevent the country from defaulting.
they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans...
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Jan 21, 2013
01/13
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FOXNEWS
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eye 156
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. >> gretchen: then if members of congress can't agree on a deal to raise the debt ceiling, should we withhold their paychecks? interesting thought. right back in america tay we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. ♪ savor and explore, a the great indoors ♪ ♪ ♪ friskies indoor delights. ♪ feed the senses. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there'
. >> gretchen: then if members of congress can't agree on a deal to raise the debt ceiling, should we withhold their paychecks? interesting thought. right back in america tay we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help...
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Jan 13, 2013
01/13
by
CSPAN
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i am calling about the debt ceiling. yes, it does need to be raised. because we have to pay our bills. if the government is allowed to borrow money and set their circumstances, then why is the private business sector not allowed to do that? the federal reserve has been shut down as far as to the bankers, as far as the this man being able to borrow money. the industry in the united states needs money to operate on and and. we need to be able to borrow money. if his mrs. are not allowed to expand and grow, how do they expect to pay the us -- these debts down the road? get these guys out of here. they do not need to be making a lifetime commitment. they have gotten old and senile and did not even know where they are. it is a shame that our government has gone this far. it is just terrible. host: thank you for the call. if you're just joining us, or listening on c-span radio, thank you for joining us. the question we are asking is whether or not you think the president can bypass congress to raise the debt ceiling. you can join the conversation by giving u
i am calling about the debt ceiling. yes, it does need to be raised. because we have to pay our bills. if the government is allowed to borrow money and set their circumstances, then why is the private business sector not allowed to do that? the federal reserve has been shut down as far as to the bankers, as far as the this man being able to borrow money. the industry in the united states needs money to operate on and and. we need to be able to borrow money. if his mrs. are not allowed to expand...
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Jan 16, 2013
01/13
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CSPAN
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gohmert: so we had a debt ceiling bill that was undermined from the beginning, no deal was reached, sequestration, massive cuts to our national security, our national defense. would be inflicted. and massive cuts to medicare. our leaders responded to me that , gee, the democrats will never allow the cuts to medicare, the sequestration to medicare, $300 billion or so, they'll never allow that. that's why we know the supercommittee will reach an agreement. i advised them that that would not happen. there would be no agreement. of course they're willing to have $300 billion or so cut to medicare because obamacare cut $00 billion from medicare, from our seniors' care, without a single republican vote. so the only way the democrats could run a commercial last year, 2012 with any sincerity at all saying, gee, republicans are cutting medicare, would be if they prevent republicans from reaching agreement with the president, democrats, and then they'll run in in commercials in 2012 and blame republicans and say, see, they didn't reach an agreement. they wanted to cut seniors and help their rich friends. a
gohmert: so we had a debt ceiling bill that was undermined from the beginning, no deal was reached, sequestration, massive cuts to our national security, our national defense. would be inflicted. and massive cuts to medicare. our leaders responded to me that , gee, the democrats will never allow the cuts to medicare, the sequestration to medicare, $300 billion or so, they'll never allow that. that's why we know the supercommittee will reach an agreement. i advised them that that would not...
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Jan 14, 2013
01/13
by
CNNW
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>> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumber some, awkward thing to do. what they did was create this debt cerealing which meant t ce could issue bonds for chunks of money not related to every single law that was passed. it was just because it was cumbersome. it is not a debt control or spending control measure. the president used an analogy today, used many, to say this is like eating at a restaurant, having your fill and not paying the bill. if you want to discuss -- >> dine and dash. >> yes, dine and dash. we have two problems. one is we have to understand the terms of this thing. this is about increasing the treasury's ability to pay for things that have already been committed to by the government. the danger is if you have
>> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumber some, awkward thing to do. what they did was create this debt cerealing which meant...
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Jan 20, 2013
01/13
by
FOXNEWS
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eye 120
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on not slamming-- or raising the debt ceiling, just the tone, jay carney saying he's encouraged and the republicans trying to beat a deadline and things might be different. >> sure, i don't think anyone in this town is under any illusion, and magically the republicans and democrats are coming together and solve all of these big problems and singing kumbayah. but there are a host of things where they want to come together and find some common ground and the debt ceiling might be one of them, but the republicans have some caveats to that and want to make sure that the senate democrats pass a budget. something they haven't done in the last four years and put some heat on the democrats right there. even as both sides are talking about coming together on some of this, there's going to be an edge to it as well. let's not forget the president is still dealing with high unemployment. and wants to focus on gun control, immigration reform and get those done in the second term and still got things left over from the first term. stubbornly high unemployment said he's going to cut the budget def
on not slamming-- or raising the debt ceiling, just the tone, jay carney saying he's encouraged and the republicans trying to beat a deadline and things might be different. >> sure, i don't think anyone in this town is under any illusion, and magically the republicans and democrats are coming together and solve all of these big problems and singing kumbayah. but there are a host of things where they want to come together and find some common ground and the debt ceiling might be one of...
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Jan 13, 2013
01/13
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CSPAN
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ceiling deals, averted sequestration or not averted sequestration, this is a very timely period to be having this conversation. we are joined by a fantastic panel of experts to help us cut trees some of this confusion. and pull back and look at some of the bigger strategic questions out there. i'm joined by three folks. the senior fellow and director of research here at brookings institution. he is one the most prolific voices in this issue and has written hundreds of articles, including one on foreignpolicy.com right now. his most recent book includes opportunity, why nuclear arms is still important and the wounded giant, america's armed forces in an age of austerity. the larger and by one of the top thinkers and teachers in the field of security studies. he is a professor at columbia in university. his numerous books have garnered critical success from the american political science association for the best book in political science. he is also a key facilitator of a facility studies workshop. he has a great deal of experience in the policy field. the senior fellow, he is a former s
ceiling deals, averted sequestration or not averted sequestration, this is a very timely period to be having this conversation. we are joined by a fantastic panel of experts to help us cut trees some of this confusion. and pull back and look at some of the bigger strategic questions out there. i'm joined by three folks. the senior fellow and director of research here at brookings institution. he is one the most prolific voices in this issue and has written hundreds of articles, including one on...